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Tag Archives: Chinese

Chinese tech giant Tencent signs $4.65 billion loan deal

Chinese tech giant Tencent Holdings has signed a $4.65 billion loan deal, Basis Point reported, amid a flurry of fund-raising by China’s internet giants. Tencent, which had an original target of about $2 billion for the loan, inked the deal on March 24 following commitments from a dozen banks, Thomson …

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Chinese court rules in favor of Apple in local design patent disputes

A Chinese court has ruled in favor of Apple in design patent disputes between the Cupertino, California company and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China, Xinhua news agency reported. Last May, a Beijing patent regulator ordered Apple’s Chinese subsidiary …

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Chinese court rules in favor of Apple in local design patent disputes

A Chinese court has ruled in favor of Apple in design patent disputes between the Cupertino, California company and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China, Xinhua news agency reported. Last May, a Beijing patent regulator ordered Apple’s Chinese subsidiary …

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Exclusive: Trump calls Chinese ‘grand champions’ of currency manipulation

President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing’s foreign exchange practices. In an exclusive interview with Reuters, Trump said he has not “held back” in his assessment that China manipulates …

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Chinese state tabloid warns Trump, end one China policy and China will take revenge

State-run Chinese tabloid Global Times warned U.S. President-elect Donald Trump that China would take “take revenge” if he reneged on the one-China policy, only hours after Taiwan’s president made a controversial stopover in Houston. Taiwanese President Tsai Ing-wen met senior U.S. Republican lawmakers during her stopover in Houston on Sunday …

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Taiwan says Chinese carrier heading towards Hainan

A group of Chinese warships led by the country’s sole aircraft carrier is heading towards China’s southern island province of Hainan through the South China Sea, Taiwan’s Defence Ministry said on Tuesday, in what Beijing describes as a routine drill. The carrier group has already rounded Taiwan, passing first between …

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Taiwan says Chinese aircraft carrier passes south of island

A group of Chinese warships lead by the country’s sole aircraft carrier has passed through waters south of Taiwan and is heading southwest, Taiwan’s defense ministry said on Monday of what China has termed a routine exercise. The ministry said the aircraft carrier the Liaoning, accompanied by five other vessels, …

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Chinese ambassador to U.S.: Sovereignty not a ‘bargaining chip’

In a veiled warning to U.S. President-elect Donald Trump, China’s ambassador to the United States said on Wednesday that Beijing would never bargain with Washington over issues involving its national sovereignty or territorial integrity. Ambassador Cui Tiankai, speaking to executives of top U.S. companies, said China and the United States …

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Samsung placing product images in Youku videos, targeting Chinese viewers

Advertising technology company Mirriad says it is working with Samsung Electronics Co Ltd and China’s video site Youku to market Samsung products to Chinese viewers who are gravitating toward streaming video content. Mirriad’s technology inserts products or signage, from things like a branded beverage bottle on a table to a …

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Chinese consortium agrees to $4.4 billion deal for Caesars online games

A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd (BABA.N) founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc’s online games unit for $4.4 billion in cash, the companies said. Caesars Interactive Entertainment is currently owned by …

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